Sean Dunne's Irish bankruptcy has been extended for 12 years by the High Court over "wilful and deliberate" failure to co-operate with the trustee administering his bankruptcy, including not disclosing information about certain assets . Sean Dunne's Irish bankruptcy has been extended for 12 years by the High Court over "wilful and deliberate" failure to co-operate with the trustee administering his bankruptcy, including not disclosing information about certain assets . Ulster Bank had in February 2013 petitioned the High Court to have Mr Dunne adjudicated bankrupt here after he had defaulted on some €164m loans. The Irish bankruptcy proceedings continued and in July 2013 the Irish High Court adjudicated Mr Dunne bankrupt. Under the amended Bankruptcy Act, the HIgh Court may extend a bankruptcy by up to 15 years if it considers that necessary.

Source: Irish Independent October 02, 2018 12:22 UTC